Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.


For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017

Ad Space M-1

Board Rules

October 2016


Calendar Calendar

Ad Space M-2

Revv Worldwide

IQD/Oil/Commodities Charts


Ad Space M-3

Top posting users this week

Top posting users this month

Ad Space M-4

The Markets From Asia & the Prospects for the Dow



Posts : 16630
Thanked : 808
Join date : 2013-01-12

The Markets From Asia & the Prospects for the Dow

Post by Lobo on Wed 26 Aug 2015, 5:33 pm

The Markets From Asia & the Prospects for the Dow
Posted on August 26, 2015 by Martin Armstrong

Asian shares are still struggling on Wednesday as it begins to dawn on investors that the Chinese economy really is slowing. The implication for that is more deflation in commodities as they have accounted for nearly 50% of the purchases of commodities these past few years. As with respect to world total GDP, China has also accounted for nearly 50% of all growth, making up for the dismal growth in Europe.
Investors are starting to fear that even fresh rate cuts in China will not be enough to stabilize its slowing economy and thus, stem the tide of the collapse in Chinese share prices. As we stated, the charts are different in the Shanghai index, warning that new lows are clearly on the horizon.
Much as the decline in Japan unfolds, every attempt to rally saw China’s key share indexes smacked back down by waves of selling. This illustrates the overall investors’ view that support that is far more aggressive is needed from the government and the central bank to hold the market. If China is wise, they will not follow the route of Japan. The sooner the bloodletting is allowed to unfold, the sooner the trend will conclude.
In the USA, we still see Monday’s low as critical, as well as this week. A breach of this week’s low warns of a maximum decline of about 5000 points from the May high on the Dow, so that would bring us into the 12000 zone. The critical number that we will have to watch for on the closing of the month on the 31st will be 15550. If we close below that level, this will warn that indeed we may be looking at an October low.
Additionally, critical support for the Dow (big money) lies at 15961. If we close beneath that level, this too will warn that support below is starting to yield and a steeper decline is likely down to the 13900 area. We see about a 2000 point gap, but we do NOT expect that to occur in a couple of days. It would most likely become the target for an extended decline into October, with the extreme target in the mid 12000 zone.

This entry was posted in Dow Jones, Future Forecasts and tagged China, DOW, Shanghai Daily Composite by Martin Armstrong. Bookmark the permalink.

    Current date/time is Thu 27 Oct 2016, 1:49 pm